Senator Rick Scott Issues Update on President Biden’s Inflation Crisis

WASHINGTON, D.C. – Today, Senator Rick Scott released a weekly update on his actions to address America’s debt crisis and rising inflation. This week, reports from the Bureau of Labor Statistics showed that the federal government’s key inflation indicators, the Consumer Price Index (CPI) and Producer Price Index (PPI), rose more than expected causing even more strain on the budgets of American families and small businesses. Since President Joe Biden took office, CPI inflation is up 17.7%, while PPI inflation has risen 18.4%.

Senator Rick Scott said, “This was another dark week for our country. Beyond our borders, we watched in horror as brutal, Iran-backed terrorists savagely attacked America’s great ally, Israel, taking the lives of at least 27 Americans and more than 1,300 Israelis. Meanwhile, here at home, we were again reminded of the burden that the Biden administration’s failed policies and raging inflation are placing on every American family. In Florida, Bidenflation is costing hardworking families $1,084 extra every month, making it harder for folks to keep up and near impossible for them to get ahead. Families in my state feel less safe, less financially secure and less confident in the direction of our nation. America is headed in the wrong direction and we must turn it around NOW. As the Senate returns to Washington, I will be fighting to make sure our focus stays on fixing these problems by immediately providing needed military aid to Israel, and getting back to the important work of responsibly funding our government. America must show strength and stability and that is the best way to do it at the critical moment.”

Since being elected to the U.S. Senate, Senator Scott has repeatedly urged action to address America’s debt crisis and the harmful effects of inflation. Click HERE for a comprehensive list of his statements and actions on this urgent issue.

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